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Prices Paid: Buying & Leasing Experiences BMW X3: Lease Questions
632 messages, Last post on Aug 28, 2008 at 2:38 AM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: 0711 (May 29, 2006 4:38 pm) #1 sounds like a decent deal, you might get better discount off the MSRP, say to a total of $2000 or $2250.. push it a little bit., other than that the rest of the numbers look good. #2 If you feel that you'll need more miles, you can buy them at ANY time through the BMW Owner's circle website (actually i found this as a very cool feature). #3 Just keep the car clean and well maintained (sp?), of course after 3 years, the dealer won't expect the carpet mats to be shine and clean, the'll look wear, but if they are burned or falling appart of course it'll be considered as an excess.. you get the idea. Also on the BWM'w website you'll find a very comprehensive checklist to run your car through and you cna even drop it at the dealership few months before your lease end to a wear and tear checkup. #4 A chip is a Chip and a rust is a rust.. unless you live right next to a beach or oyu get hit by a lot of rocks and drive on a lot of snow, don't be worried about this, modern cars are very well protected against rust, and unless is a very bad tratment, I don;t think that in 3 years you'll see any damage, but that's just my opinion. Hope it helps The Talyvan |
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Dear Car_Man, Re: my message on 5/29, I was wondering if you could add a bit to Talyvan's reply, which was also helpful. Re: Excess mileage fee: Is the .20/mile negotiable at the lease signing? Dealer said this fee is not negotiable, and cannot be written into the contract. I understand I might be able to get a lower rate later on (though not guaranteed), but want to know if this is actually something that can be negotiated prior to lease signing and written into the lease contract, or is the dealer correct that we cannot do this? Re: BMW contract wording on excess wear and tear: Should I be concerned that the actual lease contract does not clearly define how big a scratch or dent is that is considered excessive? The lease end inspection form does, but this form is not part of the actual contract. Any advice on this? Re: Rust - the contract does not distinguish between rust from a mfr defect (mfr responsibility) vs. rust from chipped paint owner doesn't repair (owner responsibility). Should I be concerned that contract doesn't distinguish between the two? Any advice on this? Also, is the wording about excess wear and tear pretty much the same on all car lease contracts, or is BMW's any different? I'm hoping to finalize the lease in the next couple of days, and would appreciate your advice before I sign it. Thanks in advance for your help! |
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Replying to: Car_man (May 17, 2006 9:30 am) I got this X3.0 fully loaded sport package navigation leather every option except parktronic and high-end sound system. I don't know money factor but got the price reduced to $42500 from $45000, gave down $1650 for 12000 miles/ month for 39 month. Total monthly payment 467.85 including taxes and every thing, not sure if this is the best deal. 
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Replying to: talyvan (May 30, 2006 11:13 am) Thanks for your response. I'm still hoping to get Car_Man's response on my 2nd email, but had a couple of questions on your #2 response about mileage. I assume the BMW's circle website rate must be higher than the initial .15/mile that you can buy before the lease is signed - is this true, and do you know what rate they charge on the website (we don't have access to owner's circle yet)? Also, do you know if this rate fluctuates over time or does it remain the same? Do you also know if the rate listed on the contract you sign up front of .20/mile for excess miles is negotiable prior to signing the lease? The dealer said we can't change this rate on the contract and is not negotiable up front. If anyone else out there knows the answer to any of this, I would really appreciate your response as well! We'd love to get the contract finalized this week. Thanks!
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Replying to: 0711 (Jun 02, 2006 5:33 am) 1) The $0.20/mi. excess mileage charge is not negotiable. 2) At some point, up until the last six months of your lease, you can purchase excess miles from BMWFS for $0.16/ea. These can be added to your lease payment and amortized over the remaining months of your lease. I'm sure it is possible for this number to change, but it has been this way for at least the last three years, if not longer.. I think this is a much better deal than buying the miles upfront, as you will be able to come closer to the exact number of miles that you need, once you have some history with the vehicle. Hope this helps.. kyfdx Host-Prices Paid Forums
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Replying to: kyfdx (Jun 02, 2006 11:02 am) Thanks so much for your quick response. It was a great help! |
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Replying to: 0711 (Jun 02, 2006 5:33 am) " What does it mean to buy more Lease miles? More Miles = more driving fun. So, you think that you might go over the number of miles in your lease contract? BMW Financial Services allows you to buy additional miles today, for up to a 20% savings, and enjoy more driving fun now without paying more later. Why should I buy more miles Enjoy more miles of exhilarating driving behind the wheel of your BMW. Why worry about having to pay at the end of your lease for going over your allotted miles? Use the mileage calculator to estimate the number of additional miles you want to enjoy in your BMW and see how much you will save by purchasing them now. What are the benefits? Cost Savings - Save up to 20 percent on additional lease miles by purchasing them ahead of time Flexibility - Additional miles can be purchased in one lump sum payment, or the total cost may be spread out over the remaining monthly payments. It's Easy! Everything you need to complete this process is available right here on the Owners' Circle. Don't delay! This service is available to you until you reach 4 months from the end of your lease. So purchase your additional miles today! " Talyvan |
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Replying to: gregdbusch (May 21, 2006 7:15 am)  . It's worth it though  . Anyhow, I am sure that lots of dealers would like to "help" you get out of your X3 lease and into a new X5. However, dealers do not have some magical way to get you out of your current lease for free. It is probably going to be fairly expensive to get out of your leased X3 over a year before the scheduled end of your lease. You will probably have to pay money out of your pocket to get out of this truck at this point or at least pay way more than you should on your X5 lease. By far, your least expensive option would be to continue to drive your X3 until you are closer to the scheduled end of your lease. If you only have one child it should be big enough to tough it out another couple of months. It's not like we're talking about a Z4  . Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: mschu3 (May 21, 2006 6:53 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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Replying to: zoshan (May 31, 2006 6:10 pm) Car_man Host Smart Shopper / Prices Paid Forums |
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